While a surge in office building construction across Bangkok has created uncertainty in the rental market, several Grade A office buildings within the prime Ploenchit-Chidlom-Wittayu zone continue to demonstrate robust growth.
This area, a magnet for multinational corporations and major tenants, remains a sought-after location despite the challenges.
Nattha Kahapana, managing director at Knight Frank Thailand, highlighted that while the overall office supply in Bangkok is increasing and hybrid work models are prompting many companies to downsize their office space, this particular zone continues to attract significant investor and tenant interest.